AssetMark Reports $108.9B Platform Assets for Fourth Quarter 2023
AMKAssetMark(AMK) Newsfilter·2024-02-22 05:15

CONCORD, Calif., Feb. 21, 2024 (GLOBE NEWSWIRE) -- AssetMark Financial Holdings, Inc. (NYSE:AMK) today announced financial results for the quarter ended December 31, 2023. Fourth Quarter 2023 Financial and Operational Highlights Net income for the quarter was 34.6million,or34.6 million, or 0.47 per share. Adjusted net income for the quarter was 44.0million,or44.0 million, or 0.59 per share, on total revenue of 158.2million.AdjustedEBITDAforthequarterwas158.2 million. Adjusted EBITDA for the quarter was 63.8 million, or 40.3% of total revenue. Platform assets increased 19 ...